Report Update Nov 1, 2024

Uruguay - Grinding, Sanding or Polishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Market for Grinding, Sanding and Polishing Machines 2024

Market Size for Grinding, Sanding and Polishing Machines in Uruguay

In 2021, the Uruguayan market for grinding, sanding and polishing machines increased by 146% to $X, rising for the second consecutive year after three years of decline. In general, consumption saw measured growth. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Grinding, Sanding and Polishing Machines

Exports from Uruguay

In 2021, the amount of grinding, sanding and polishing machines exported from Uruguay contracted sharply to X units, waning by -97.7% on 2020. In general, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 929%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, grinding, sanding and polishing machine exports declined rapidly to $X in 2021. Overall, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2014 with an increase of 758% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for grinding, sanding and polishing machine exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Paraguay was relatively modest.

In value terms, Paraguay ($X) also remains the key foreign market for grinding, sanding and polishing machines exports from Uruguay.

From 2012 to 2021, the average annual growth rate of value to Paraguay totaled +13.3%.

Export Prices by Country

In 2021, the average export price for grinding, sanding and polishing machines amounted to $X per unit, increasing by 2.6% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 1,378%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2021, the rate of growth in terms of prices for Paraguay amounted to +12.0% per year.

Imports of Grinding, Sanding and Polishing Machines

Imports into Uruguay

In 2021, grinding, sanding and polishing machine imports into Uruguay soared to X units, picking up by 117% on 2020 figures. Overall, imports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 217% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, grinding, sanding and polishing machine imports surged to $X in 2021. In general, imports showed resilient growth. The growth pace was the most rapid in 2013 with an increase of 244%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of grinding, sanding and polishing machine to Uruguay, with a 50% share of total imports. Moreover, grinding, sanding and polishing machine imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold.

From 2012 to 2021, the average annual growth rate of volume from China stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+31.8% per year) and Chile (+90.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of grinding, sanding and polishing machines to Uruguay, comprising 43% of total imports. The second position in the ranking was taken by Chile ($X), with a 14% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to +54.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+104.0% per year) and China (-2.0% per year).

Import Prices by Country

In 2021, the average import price for grinding, sanding and polishing machines amounted to $X per unit, which is down by -22.8% against the previous year. In general, the import price, however, enjoyed prominent growth. The growth pace was the most rapid in 2015 when the average import price increased by 149%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grinding, sanding and polishing machines in the world?

The countries with the highest volumes of grinding, sanding and polishing machine consumption in 2021 were the United States, China and the Netherlands, together accounting for 37% of global consumption.

What are the largest producers of grinding, sanding and polishing machines in the world?

China remains the largest grinding, sanding and polishing machine producing country worldwide, comprising approx. 43% of total volume. Moreover, grinding, sanding and polishing machine production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Japan, with a 5.5% share.

What are the leading suppliers of grinding, sanding and polishing machines to Uruguay?

In value terms, Brazil constituted the largest supplier of grinding, sanding and polishing machine to Uruguay.

What are the leading importers of grinding, sanding and polishing machines from Uruguay?

In value terms, Paraguay remains the key foreign market for grinding, sanding and polishing machine exports from Uruguay.

What is the average export price for grinding, sanding and polishing machines in Uruguay?

In 2021, the average export price for grinding, sanding and polishing machines amounted to $288 per unit, growing by 476% against the previous year.

What is the average import price for grinding, sanding and polishing machines in Uruguay?

In 2021, the average import price for grinding, sanding and polishing machines amounted to $115 per unit, which is down by -72.2% against the previous year.

This report provides an in-depth analysis of the market for grinding, sanding and polishing machine in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023